Venture Global (VG) Research & Development (2024 - 2026)

Venture Global (VG) reported Research & Development of $46.0 million for Q1 2026, down 74.73% year-over-year from $182.0 million in Q1 2025, and down 11.54% quarter-over-quarter from $52.0 million in Q4 2025.

Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends

Venture Global (VG) has 3 years of Research & Development data on file, last reported at $46.0 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $46.0 million, down 74.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.0 million (down 67.3% YoY), and the FY2025 annual result was $344.0 million, down 45.83% from the prior year.
  • Research & Development fell to $46.0 million in Q1 2026 per VG's latest filing, from $52.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $182.0 million in Q1 2025 and troughed at $46.0 million in Q1 2026.
  • A 3-year average of $113.9 million and a median of $124.0 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2025 and 2026: Research & Development grew 0.55% in 2025, then plunged 74.73% in 2026.
  • A 3-year view of Research & Development shows it stood at $124.0 million in 2024, then sank by 58.06% to $52.0 million in 2025, then declined by 11.54% to $46.0 million in 2026.
  • Business Quant data shows VG's Research & Development at $46.0 million in Q1 2026, $52.0 million in Q4 2025, and $53.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn -
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - -
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn -
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn -
5 Scorpio Tankers 59.31 Bn 58.33 Bn - -
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn -
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn -
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn -
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn -
10 Venture Global 31.69 Bn 31.63 Bn 4.33 Bn 46.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 46.00 Mn
Dec 31, 2025 52.00 Mn
Sep 30, 2025 53.00 Mn
Jun 30, 2025 57.00 Mn
Mar 31, 2025 182.00 Mn
Dec 31, 2024 124.00 Mn
Sep 30, 2024 156.00 Mn
Jun 30, 2024 174.00 Mn
Mar 31, 2024 181.00 Mn